EUR/USD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.11461 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.11461 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.11902 |
| 2nd High | 1.11551 |
| Next High | 1.11461 |
| Current Price | 1.11222 |
| Next Low | 1.10725 |
| 2nd Low | 1.10053 |
| 3rd Low | 1.10018 |